Futures

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was narrowly mixed Wednesday morning, as the futures continue to react to the shifting global trade news. China and the United States raised their tariffs on each other, while Canada also upped its retaliatory measures against Trump’s trade policies. Chicago soyoil […] Read more

Glacier FarmMedia | MarketsFarm — ICE canola futures finished higher on Tuesday, with strong gains in the nearby contracts while increases in the new crop positions were much more modest. Support from soybeans and soymeal also helped strengthen prices. The May contract climbed above its 20-, 50-, and 100-day moving averages, following rebounds in the […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market found strength from rallies in the equity and commodity markets on Tuesday, with the May contract moving above its 20-, 50- and 100-day moving averages. One analyst said rising soybean prices were also giving canola prices a boost. Another said that due to the high rate […] Read more

Glacier FarmMedia | MarketsFarm – ICE canola futures were higher on Tuesday morning following a rebound in the commodities and equities markets, moving above the 20-, 50- and 100-day moving averages. Chicago soyoil and European rapeseed were up while Malaysian palm oil was mostly positive. Crude oil also made gains. The Canadian dollar was up one-third of […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market made a late push on Monday, with double-digit gains that were fuelled by a rally in equity markets. This morning, there were reports United States President Donald Trump planned to pause tariffs for 90 days on every country except China. The White House said those […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market turned around to climb into positive territory on Monday morning following unconfirmed reports that United States President Donald Trump was going to pause his tariffs on every country except China for 90 days. The White House later said such a move is not in the […] Read more

The ICE Futures canola market started the week in negative territory to go with comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil showed losses. Meanwhile, crude oil was down more than US$1 per barrel. West Texas International fell below US$60 as the selloff in crude oil continued on Sunday, but edged above the […] Read more

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker as global markets continued to struggle under the new tariff scheme unveiled by United States President Donald Trump on Wednesday. That saw the May canola contract fall below its major moving averages. There were sharp losses in the Chicago soy complex and Malaysian palm […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market erased its gains from Thursday as worldwide market strife carried over into the oilseed. An analyst said China’s 34 per cent retaliatory tariffs on imports from the United States was wreaking havoc on the markets, primarily soybeans which have dropped nearly 40 U.S. cents per bushel. […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was weaker on Friday morning as global markets continued to struggle under the new tariff scheme unveiled by United States President Donald Trump on April 2. Chicago soyoil, European rapeseed and Malaysian palm oil were seeing sharp losses for a second straight day. Meanwhile, crude […] Read more